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SI
Siemens AG

5/24/2012, 3:29 AM ET
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SI Market Currents more »
  • Wednesday 11:55 AM Siemens (SI -2.3%) expects sales in Germany to grow more slowly in FY H2 than in H1, with Chinese demand continuing to be sluggish but business in the U.S. doing better than expected. Siemens confirms its FY 2012 outlook, saying it expects "a good year." (See also)
    Comment!
  • Wednesday 10:31 AM Siemens (SI) is testing in Germany an "eHighway of the Future" in which hybrid disel-electric trucks are fitted with pantographs so that they can be powered by overhead power cables, similar to trams and railway trains.
    2 Comments
  • Wednesday 10:24 AM Siemens (SI) is interested in making acquisitions of around a "couple of billion" euros in the area of industrial software, CEO Peter Loescher tells an investor conference. "The core focus of Siemens is organic growth with bolt-on acquisition opportunities if they make sense," Loescher says.
    Comment!
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Company Description
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Sector: Technology
Industry: Telecom Services - Foreign
Country: Germany